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Imran Siddiqui is offline Imran Siddiqui
Deity
The Potterverse
Jan 1970
time: 00:26
  Old Post 17-02-2003 21:37
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#31 Report this post to a moderator
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Yep, Duncan .

(Oh, and I like you much better with this avatar... yep, that's all it takes to please me )
DuncanK is offline DuncanK
Warlord
Evil Empire
Dec 2002
time: 21:26
  Old Post 17-02-2003 21:42
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#32 Report this post to a moderator
Inflate your Upload Space

Yes, it's much better isn't it.
Ramo is offline Ramo
King
Austin, Texas, USA
Oct 1999
time: 23:26
  Old Post 17-02-2003 22:00 Visit Ramo's homepage!
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#33 Report this post to a moderator
Inflate your Upload Space

In other words, the concept of a "free market" is useless econ-jargon?
Imran Siddiqui is offline Imran Siddiqui
Deity
The Potterverse
Jan 1970
time: 00:26
  Old Post 17-02-2003 22:48
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#34 Report this post to a moderator
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Not really... free is simply a quantifier added to econ-jargon 'market' .
Ramo is offline Ramo
King
Austin, Texas, USA
Oct 1999
time: 23:26
  Old Post 17-02-2003 23:05 Visit Ramo's homepage!
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Ah I get it, so the concept of a "market" is useless econ-jargon.

Imran Siddiqui is offline Imran Siddiqui
Deity
The Potterverse
Jan 1970
time: 00:26
  Old Post 17-02-2003 23:08
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#36 Report this post to a moderator
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Now you are getting it .

'free' is simply useless politic-jargon.

You have to get these things straight, you know?

DuncanK is offline DuncanK
Warlord
Evil Empire
Dec 2002
time: 21:26
  Old Post 17-02-2003 23:08
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Ah, no. Like any other term, it allows us to have intelligent conversation.
Ramo is offline Ramo
King
Austin, Texas, USA
Oct 1999
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  Old Post 17-02-2003 23:19 Visit Ramo's homepage!
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#38 Report this post to a moderator
Suffering from ads?

It seems to me that his sort of jargon is preventing intelligent conversation.

Myrddin is offline Myrddin
Warlord
Aberystwyth
Jun 2001
time: 05:26
  Old Post 18-02-2003 02:05
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No-one has come up with any other definitions, so I suppose my original ones stand, even though I do not understand 'econ-jargon'

Why are economies from the Elizabethan to Victorian eras not free-market ones? - the only point of agreement in this thread seems to be free-market economies do not exist
DuncanK is offline DuncanK
Warlord
Evil Empire
Dec 2002
time: 21:26
  Old Post 18-02-2003 02:08
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Myrddin,

There was government involvement in the economies. Mostly in the form of limiting competition and keeping a lid on wages.
Imran Siddiqui is offline Imran Siddiqui
Deity
The Potterverse
Jan 1970
time: 00:26
  Old Post 18-02-2003 02:14
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#41 Report this post to a moderator
Got spare money?

quote:
It seems to me that his sort of jargon is preventing intelligent conversation.


It depends on your idea of intelligent .

As for Victorian examples - what Duncan said.
Myrddin is offline Myrddin
Warlord
Aberystwyth
Jun 2001
time: 05:26
  Old Post 18-02-2003 02:25
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Governments limiting competition before 1830?

OK some issued monopolies, but most governments didn't interfere much in business

If these were not free-markets, what were they?
Imran Siddiqui is offline Imran Siddiqui
Deity
The Potterverse
Jan 1970
time: 00:26
  Old Post 18-02-2003 02:30
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quote:
OK some issued monopolies


Most issued monopolies... they were refered to as charters and in some industries, only those with charters could engage in that specific act.
DuncanK is offline DuncanK
Warlord
Evil Empire
Dec 2002
time: 21:26
  Old Post 18-02-2003 02:36
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It's called Mercantilism.
Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

Donate to the Red Cross		 The City State of Noosphere, CPA special envoy
May 1999
time: 13:26
  Old Post 18-02-2003 15:54
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quote:
 Originally posted by DuncanK
Myrddin,

There was government involvement in the economies. Mostly in the form of limiting competition and keeping a lid on wages.


Sure? Victorian economy seems to be the high tide of laissez-faire capitalism. In fact, isn't that the root of classic economics?
 
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